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Low Annual Fee Credit Cards

The following table outlines low annual fee credit cards offered within Australia with an annual fee of $100 or less. The low annual fee credit cards listed below will most likely have fewer features and rewards than more expensive credit cards but they tend to offer more than a no annual fee credit card. Find more information on low annual fee credit cards.
  1. Click on table items to expand and learn more
  2. Select credit cards to add to your shortlist to see more in-depth comparison. Maximum of 4 cards at a time.
Credit Card
Interest Rate
Balance Transfer Rate
Interest Free Days (up to)
Annual Fee
Rewards

ANZ Balance Visa

ANZ Balance Visa

14.24%
p.a.

0%
p.a.
6 months

0%
55 days

$79
($57 p.a. + $22 Rewards Program Fee)

Cashback, Shopping

ANZ Balance Visa

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  • Enjoy all the benefits of this card and pay a low annual fee of $79
  • Range of vouchers and gift certificates
  • 24/7 monitoring of suspicious transactions
  • You must have an income of over $15,000
Up to 55 days interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 14.24%. Cash advances have an annual interest rate of 21.49%.
There is no introductory balance transfer offer on this card and any balance transfers will incur an interest rate (per annum) of 14.24%.
You will not be charged interest on any purchases for the first 55 days. Once the 0% period ends you will be charged an interest rate (per annum) of 14.24% on any purchases you make.
This credit card has an annual fee of $79 ($57 p.a. + $22 Rewards Program Fee)
You can earn up to 1 rewards points for every dollar you repay to your balance, including repayments to purchases, fees, interest, cash advances and repayments on balances transferred. You can redeem points for cashback, shopping vouchers and gift cards.

ANZ First Visa

ANZ First Visa

18.99%
p.a.

7.99%
p.a.
6 months

0%
44 days

$0
for 1st year, then $30 p.a.

No rewards

ANZ First Visa

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  • Enjoy all the benefits of this card and pay a low annual fee of $0
  • 24/7 monitoring of suspicious transactions
  • Add 3 additional cardholders at no extra cost
  • No reward scheme available
  • Balance transfer only available to new customers and no balance transfers between ANZ
Up to 44 days interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 18.99%. Cash advances have an annual interest rate of 20.74%.
Enjoy an interest rate (per annum) of 7.99% on balance transfers for up to the first 6 months. Once the 7.99% period ends you will be charged an annual interest rate of 18.99% on the transferred balance.
You will not be charged interest on any purchases for the first 44 days. Once the 0% period ends you will be charged an interest rate (per annum) of 18.99% on any purchases you make.
This credit card has an annual fee of $0 for 1st year, then $30 p.a.
You do not receive rewards on this card.

ANZ Frequent Flyer Platinum

ANZ Frequent Flyer Platinum

19.49%
p.a.

N/A

0%
44 days

$95
p.a.

Qantas Frequent Flyer

ANZ Frequent Flyer Platinum

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  • Earn 10, bonus Qantas Frequent Flyer Points if you apply by 31 May 2010
  • Earn up to 1 Frequent Flyer point for every dollar you spend
  • 24/7 monitoring of suspicious transactions
  • If you are a non-permanent Australian resident you must have an income of $50,000
Up to 44 days interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 19.49%. Cash advances have an annual interest rate of 20.74%.
There is no introductory balance transfer offer on this card and any balance transfers will incur an interest rate (per annum) of 19.49%.
You will not be charged interest on any purchases for the first 44 days. Once the 0% period ends you will be charged an interest rate (per annum) of 19.49% on any purchases you make.
This credit card has an annual fee of $95 p.a.
You can earn up to 1 Qantas Frequent Flyer point for every dollar you spend and your points are not capped as long as your card stays active. You can redeem points for Qantas travel services.

ANZ Gold

ANZ Gold

18.99%
p.a.

7.99%
p.a.
6 months

0%
55 days

$87
p.a.

No rewards

ANZ Gold

Add to shortlist

  • Enjoy all the benefits of this card and pay a low annual fee of $87
  • Free Overseas Travel and Medical Insurance
  • Free 90-day Purchase Security Insurance
  • You must have an income of over $50,000
  • Balance transfer only available to new customers and no balance transfers between ANZ
Up to 55 days interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 18.99%. Cash advances have an annual interest rate of 20.74%.
Enjoy an interest rate (per annum) of 7.99% on balance transfers for up to the first 6 months. Once the 7.99% period ends you will be charged an annual interest rate of 18.99% on the transferred balance.
You will not be charged interest on any purchases for the first 55 days. Once the 0% period ends you will be charged an interest rate (per annum) of 18.99% on any purchases you make.
This credit card has an annual fee of $87 p.a.
You do not receive rewards on this card.

ANZ Low Rate MasterCard

ANZ Low Rate MasterCard

13.24%
p.a.

0%
p.a.
6 months

0%
55 days

$58
p.a.

No rewards

ANZ Low Rate MasterCard

Add to shortlist

  • Enjoy all the benefits of this card and pay a low annual fee of $58
  • Range of discounts and vouchers
  • 24/7 monitoring of suspicious transactions
  • No reward scheme available
  • Balance transfer only available to new customers and no balance transfers between ANZ
Up to 55 days interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 13.24%. Cash advances have an annual interest rate of 21.49%.
Enjoy an interest rate (per annum) of 0% on balance transfers for up to the first 6 months. Once the 0% period ends you will be charged an annual interest rate of 13.24% on the transferred balance.
You will not be charged interest on any purchases for the first 55 days. Once the 0% period ends you will be charged an interest rate (per annum) of 13.24% on any purchases you make.
This credit card has an annual fee of $58 p.a.
You do not receive rewards on this card.

Aussie MasterCard

Aussie MasterCard

12.99%
first 6 months (reverts to 12.79%)

2.99%
p.a.
6 months

0%
55 days

$49
p.a.

No rewards

Aussie MasterCard

Add to shortlist

  • Enjoy all the benefits of this card and pay $49 annual fee for the first year
  • An initial balance transfer rate of 2.99% for the first 6 months
  • A low interest rate of 12.99% for the first six months
  • No balance transfers between Aussie cards
  • You must have an income of over $50,000 p.a. for non-permanent Australian residents
Up to 55 days interest free from the date the purchase is made, after this period you will be charged an interest rate of 12.99% for the first 6 months, then the rate reverts to 12.79% p.a. Cash advances have an annual interest rate of 19.49%.
Enjoy a rate of 2.99% on balance transfers for up to the first 6 months. Once the 2.99% period ends you will be charged an interest rate of 12.99% for the first 6 months, then the rate reverts to 12.79% p.a. on the transferred balance.
You will not be charged interest on any purchases for the first 55 days. Once the 0% period ends you will be charged an interest rate of 12.99% for the first 6 months, then the rate reverts to 12.79% p.a. on any purchases you make.
This credit card has an annual fee of $49 p.a.
There are no rewards for this credit card.

Citibank BP MasterCard

Citibank BP MasterCard

20.89%
p.a.

1.9%
p.a.
12 months

0%
55 days

$79
p.a.

Cashback

Citibank BP MasterCard

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  • Enjoy all the benefits of this card and pay a low annual fee of $79
  • Earn a high 5% cashback rate for the first $600 a month on purchases at BP
  • You must have an income of over $20,000
Up to 55 days interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 20.89%. Cash advances have an annual interest rate of 20.89%.
Enjoy an interest rate (per annum) of 1.9% on balance transfers for up to the first 12 months. Once the 1.9% period ends you will be charged an annual interest rate of 20.89% on the transferred balance.
You will not be charged interest on any purchases for the first 55 days. Once the 0% period ends you will be charged an interest rate (per annum) of 20.89% on any purchases you make.
This credit card has an annual fee of $79 p.a.
You can earn 5% cashback on purchases at BP or every day purchases earn you 0.5% cashback on the first $5,000 you spend.

Citibank Clear Credit Card

Citibank Clear Credit Card

11.99%
p.a. for the first 12 months, 15.49% thereafter

0%
p.a.
6 months

0%
55 days

$65
p.a.

Discounts

Citibank Clear Credit Card

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  • Enjoy all the benefits of this card and pay a low annual fee of $65
  • Range of discounts and vouchers
Up to 55 interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 11.99%. Cash advances have an annual interest rate of 21.24%.
Enjoy an interest rate (per annum) of 0% on balance transfers for up to the first 6 months. Once the 0% period ends you will be charged an annual interest rate of 21.24% on the transferred balance.
You will not be charged interest on any purchases for the first 55. Once the 0% period ends you will be charged an interest rate (per annum) of 11.99% on any purchases you make.
This credit card has an annual fee of $65 p.a.
You can receive a 25% discount on dining and shopping through Cit World Privileges at participating outlets.

Citibank Platinum Credit Card

Citibank Platinum Credit Card

20.74%
p.a.

3.9%
p.a.
Life of balance transfer

0%
55 days

$250
p.a.

Travel, Shopping

Citibank Platinum Credit Card

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  • Access to a Personal Concierge
  • Free international travel insurance for you and your family
  • Range of discounts and vouchers
  • You must have an income of over $50,000
Up to 55 interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 20.74%. Cash advances have an annual interest rate of 21.24%.
Enjoy an interest rate (per annum) of 3.9% on the life of the balance transfer.
You will not be charged interest on any purchases for the first 55. Once the 0% period ends you will be charged an interest rate (per annum) of 20.74% on any purchases you make.
This credit card has an annual fee of $250 p.a.
You can earn up to 1 reward point for every dollar you spend and your points do not expire as long as your card stays active. You can redeem points for travel services, cashback, entertainment and shopping offers.

Citibank Silver Credit Card

Citibank Silver Credit Card

20.74%
p.a.

2.9%
p.a.
12 months

0%
55 days

$89
p.a.

Travel, Shopping

Citibank Silver Credit Card

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  • Enjoy all the benefits of this card and pay a low annual fee of $89
  • Free purchase cover insurance
  • Range of discounts and vouchers
Up to 55 interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 20.74%. Cash advances have an annual interest rate of 21.24%.
Enjoy an interest rate (per annum) of 2.9% on balance transfers for up to the first 12 months. Once the 2.9% period ends you will be charged an annual interest rate of 21.24% on the transferred balance.
You will not be charged interest on any purchases for the first 55. Once the 0% period ends you will be charged an interest rate (per annum) of 20.74% on any purchases you make.
This credit card has an annual fee of $89 p.a.
You can earn up to 1 reward point for every dollar you spend and your points do not expire as long as your card stays active. You can redeem points for travel services, cashback, entertainment and shopping offers.

CUA Rewards MasterCard Gold

CUA Rewards MasterCard Gold

19.24%
p.a.

2.9%
p.a.
9 months

0%
55 days

$85
p.a.

Travel, Shopping

CUA Rewards MasterCard Gold

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  • Enjoy all the benefits of this card and pay a low annual fee of $85
  • Huge range of rewards; cashback, shopping vouchers and travel discount
  • No balance transfers between Credit Union
Up to 55 days interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 19.24%. Cash advances have a rate of 19.99% p.a.
Enjoy a balance rate of 2.9% for the first 9 months.
You will not be charged interest on any purchases for the first 55 days. Once the 0% period ends you will be charged an interest rate (per annum) of 19.24% on any purchases you make.
This credit card has an annual fee of $85 p.a.
You can earn up to 1 reward point for every dollar you spend and your points do not expire as long as your card stays active. You can redeem points for travel services, entertainment and shopping offers.

IMB Rewards MasterCard Gold

IMB Rewards MasterCard Gold

19.24%
p.a.

2.9%
p.a.
9 months

0%
55 days

$99
p.a.

Travel, Shopping

IMB Rewards MasterCard Gold

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  • Enjoy all the benefits of this card and pay a low annual fee of $99
  • Huge range of rewards; cashback, shopping vouchers and travel discount
  • You must have an income of over $35,000
  • No balance transfers between CUA and Citigroup
Up to 55 days interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 19.24%. Cash advances have a rate of 19.99% p.a.
Enjoy a balance rate of 2.9% for the first 9 months.
You will not be charged interest on any purchases for the first 55 days. Once the 0% period ends you will be charged an interest rate (per annum) of 19.24% on any purchases you make.
This credit card has an annual fee of $99 p.a.
You can earn up to 1 reward point for every dollar you spend and your points do not expire as long as your card stays active. You can redeem points for travel services, entertainment and shopping offers.

St. George Platinum Credit Card

St. George Platinum Credit Card

15.74%
p.a.

3.99%
p.a.
6 months

0%
55 days

$89
p.a.

Discounts

St. George Platinum Credit Card

Add to shortlist

  • Enjoy all the benefits of this card and pay a low annual fee of $89
  • Free shopping and travel insurances
  • 24/7 access to the Personal Concierge Service
  • No balance transfers between St.George or BankSA
Up to 55 days interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 15.74%. Cash advances have an annual interest rate of 21.24%.
Enjoy an interest rate (per annum) of 3.99% on balance transfers for up to the first 6 months. Once the 3.99% period ends you will be charged an annual interest rate of 15.74% on the transferred balance.
You will not be charged interest on any purchases for the first 55 days. Once the 0% period ends you will be charged an interest rate (per annum) of 15.74% on any purchases you make.
This credit card has an annual fee of $89 p.a.
You revcieve instant discounts and added extras with St.George Instant Benefits such as entertainment and shopping vouchers.

St. George Vertigo MasterCard

St. George Vertigo MasterCard

12.49%
p.a.
for 6 months (then 12.49%
p.a.)

2.99%
p.a.
6 months

0%
55 days

$55
p.a.

Discounts

St. George Vertigo MasterCard

Add to shortlist

  • Enjoy all the benefits of this card and pay a low annual fee of $55
  • Range of discounts through St.George Instant Benefits
  • 24/7 monitoring of suspicious transactions
  • No balance transfers between St.George or BankSA
Up to 55 days interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 12.49% for 6 months, then the interest rate moves to 12.24% p.a. Cash advances have an annual interest rate of 21.24%.
Enjoy an interest rate (per annum) of 2.99% on balance transfers for up to the first 6 months. Once the 2.99% period ends you will be charged an annual interest rate of 12.49% on the transferred balance.
You will not be charged interest on any purchases for the first 55 days. Once the 0% period ends you will be charged an interest rate (per annum) of 12.49% on any purchases you make.
This credit card has an annual fee of $55 p.a.
You receive instant discounts and added extras with St.George Instant Benefits such as entertainment and shopping vouchers.

Suncorp Gold Credit Card

Suncorp Gold Credit Card

19.75%
p.a.

1.9%
p.a.
12 months

0%
55 days

$99
p.a.

Qantas Frequent Flyer

Suncorp Gold Credit Card

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  • Enjoy all the benefits of this card and pay a low annual fee of $99
  • Credit limits of up to $25,000
  • Free International Travel & Purchase Cover Insurance
  • You must have an income of over $35,000 
  • After 12 months months, balance transfers have a cash advance interest rate of 19.75% p.a.
Up to 55 interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 19.75%. Cash advances have an annual interest rate of 19.75%.
Enjoy an interest rate (per annum) of 1.9% on balance transfers for up to the first 12 months. Once the 1.9% period ends you will be charged an annual interest rate of 19.75% on the transferred balance.
You will not be charged interest on any purchases for the first 55. Once the 0% period ends you will be charged an interest rate (per annum) of 19.75% on any purchases you make.
This credit card has an annual fee of $99 p.a.
You can earn up to 1 reward point for every dollar you spend and for an additional $19 per annum you can join the Suncorp Qantas Frequent Flyer and earn 2 Qantas Frequent Flyer points for every $3 spent. You can redeem points for travel services, entertainment and shopping offers.

Suncorp Plus Credit Card

Suncorp Plus Credit Card

19.99%
p.a.

1.9%
p.a.
12 months

0%
55 days

$63
p.a.

Travel, Shopping

Suncorp Plus Credit Card

Add to shortlist

  • Enjoy all the benefits of this card and pay a low annual fee of $63
  • Enrollment into the Suncorp Rewards program
  • Free Purchase Cover Insurance
  • You must have an income of over $20,000 
  • After 12 months months, balance transfers have a cash advance interest rate of 19.99% p.a.
Up to 55 days interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 19.99%. Cash advances have an annual interest rate of 19.99%.
Enjoy an interest rate (per annum) of 1.9% on balance transfers for up to the first 12 months. Once the 1.9% period ends you will be charged an annual interest rate of 19.99% on the transferred balance.
You will not be charged interest on any purchases for the first 55 days. Once the 0% period ends you will be charged an interest rate (per annum) of 19.99% on any purchases you make.
This credit card has an annual fee of $63 p.a.
You can earn up to 1 reward point for every dollar you spend and your points do not expire as long as your card stays active. You can redeem points for travel services, entertainment and shopping offers.

Suncorp Standard Credit Card

Suncorp Standard Credit Card

12.24%
p.a.

1.9%
p.a.
12 months

0 days

$39
p.a.

No rewards

Suncorp Standard Credit Card

Add to shortlist

  • Enjoy all the benefits of this card and pay a low annual fee of $39
  • Range of entertainment offers
  • You must have an income of over $20,000
  • After 12 months months, balance transfers have a cash advance interest rate of 17.99% p.a.
You will be charged an annual interest rate of 12.24% on all purchases and 17.99% on all cash advances.
Enjoy an interest rate (per annum) of 1.9% on balance transfers for up to the first 12 months. Once the 1.9% period ends you will be charged an annual interest rate of 17.99% on the transferred balance.
There is no introductory purchases offer on this product and any purchases will incur 12.24% interest rate.
This credit card has an annual fee of $39 p.a.
You do not receive rewards on this card.

St. George Amplify Credit Card

St. George Amplify Credit Card

18.49%
p.a.

0.99%
p.a.
6 months

0%
55 days

$79
p.a.

Amplify Rewards

St. George Amplify Credit Card

Add to shortlist

  • Enjoy all the benefits of this card and pay a low annual fee of $79
  • Range of discounts through St.George Instant Benefits
  • 24/7 monitoring of suspicious transactions
  • No balance transfers between St.George or BankSA
 Up to 55 days interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 18.49%. Cash advances have an annual interest rate of 20.49%.
Enjoy an interest rate (per annum) of 0.99% on balance transfers for up to the first 6 months. Once the 0.99% period ends you will be charged an annual interest rate of 18.49% on the transferred balance.
You will not be charged interest on any purchases for the first 55 days. Once the 0% period ends you will be charged an interest rate (per annum) of 18.49% on any purchases you make.
This credit card has an annual fee of $79 p.a.
  • You receive instant discounts and added extras with St.George Instant Benefits such as entertainment and shopping vouchers.

ANZ Frequent Flyer

ANZ Frequent Flyer

19.49%
p.a.

N/A

0%
44 days

$95
p.a.

Qantas Frequent Flyer

ANZ Frequent Flyer

Add to shortlist

 
Up to 44 days interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 19.49%. Cash advances have an annual interest rate of 20.74%.
There is no introductory balance transfer offer on this card and any balance transfers will incur an interest rate (per annum) of 19.49%.
You will not be charged interest on any purchases for the first 44 days. Once the 0% period ends you will be charged an interest rate (per annum) of 19.49% on any purchases you make.
This credit card has an annual fee of $95 p.a.
You can earn up to 1 Qantas Frequent Flyer point for every dollar you spend and your points are not capped as long as your card stays active. You can redeem points for Qantas travel services.

Virgin Flyer Credit Card

Virgin Flyer Credit Card

20.99%
p.a.

6.9%
p.a.
6 months

0%
44 days

$99

Travel, Shopping

Virgin Flyer Credit Card

Add to shortlist

 
Up to 44 days interest free from the date the purchase is made, after this period you will be charged an annual interest rate of 20.99%. Cash advances have an annual interest rate of 20.99%.
Enjoy an interest rate (per annum) of 6.9% on balance transfers for up to the first 6 months . Once the 6.9% period ends you will be charged an annual interest rate of 20.99% on the transferred balance.
You will not be charged interest on any purchases for the first 44 days. Once the 0% period ends you will be charged an interest rate (per annum) of 20.99% on any purchases you make.
This credit card has an annual fee of $99
Earn 1 Velocity Point per $1 spent up to $1,500 per month and then 1 Velocity Point for every $2. Buy a Virgin Blue seat with your new card and we'll give you a second seat for free, up to 4 times a year including Blue Saver fares.

What is an annual fee?

Most credit cards incur an annual fee and these can range from $50 to $400, depending on the features and rewards the card provides.

Customers are often tempted to sign up to cards with higher annual fees because of benefits such as free travel insurance, extended product warranty, reward programs, cashback, frequent flyer programs and even personal concierge services that can plan and organize your trips.

However, these top end credit cards come at a considerably high annual fee and unless you regularly use your credit card for large purchases or frequently travel, then the cost of the annual fee quickly outweighs the benefits of the card.

What is a low annual fee credit card?

We have defined a low annual fee credit card as $100 or less per year, which works out to be about $8 per month and about 30 cents per day.

A low annual fee credit card is best suited to people that accumulate a small amount of credit card debt and who enjoy the instant or general rewards that low annual fee cards provide, such as the St. George Instant Savings scheme.

However, if you find that you regularly use your credit card for expensive purchases and generate a large amount of debt, you should consider a dedicated reward, cash back or frequent flyer credit card or a gold or platinum credit card as these will provide more value for your money.

Low annual fee credit card – our recommendations

A low annual fee credit card might save you a few hundred dollars per year, which is a sensible saving if you don’t spend enough to redeem credit card rewards. However, if you are unable to repay your credit card debt before the interest free period expires, the interest fees will end up costing you more than the savings you would make from a low annual fee.

Recommendation: always pay off your credit card debt before the interest free period has expired, otherwise the interest fees can easily surpass the money you save from a lower annual fee.

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